American Tower Balance Sheet Health
Financial Health criteria checks 1/6
American Tower has a total shareholder equity of $10.7B and total debt of $39.2B, which brings its debt-to-equity ratio to 368%. Its total assets and total liabilities are $66.7B and $56.0B respectively. American Tower's EBIT is $4.2B making its interest coverage ratio 3.3. It has cash and short-term investments of $2.4B.
Key information
368.0%
Debt to equity ratio
US$39.24b
Debt
Interest coverage ratio | 3.3x |
Cash | US$2.39b |
Equity | US$10.66b |
Total liabilities | US$56.02b |
Total assets | US$66.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HEU's short term assets ($4.0B) do not cover its short term liabilities ($6.7B).
Long Term Liabilities: 0HEU's short term assets ($4.0B) do not cover its long term liabilities ($49.3B).
Debt to Equity History and Analysis
Debt Level: 0HEU's net debt to equity ratio (345.6%) is considered high.
Reducing Debt: 0HEU's debt to equity ratio has increased from 326.3% to 368% over the past 5 years.
Debt Coverage: 0HEU's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 0HEU's interest payments on its debt are well covered by EBIT (3.3x coverage).